YEARLY HIGH
0.1230 BGN
YEARLY LOW
0.1109 BGN
YEARLY AVERAGE
0.1158 BGN

2016 MVR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MVR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.1230. Conversely, the yearly low was recorded on May 4, dropping to 0.1109.

This high-to-low spread represents a total annual volatility of 0.0121 BGN. From a start-to-finish perspective, comparing the January average rate of 0.1176 to the December average rate of 0.1212, the exchange rate registered a net change of 3.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1230 was up 0.76% compared to the 2015 peak of 0.1221, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 615 BGN
2015 Average 577 BGN
Yearly Trough Low 554 BGN
Transaction Impact: A difference of 60.67 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1220
0.1123
JanuMarcMayJulySeptNove

MVR to BGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1147, compared to 0.1169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1147
H2 Avg (Jul–Dec) 0.1169

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0062 BGN (High: 0.1213 / Low: 0.1152). On the other end, September was the most stable month, with a tight range of 0.0015 BGN (High: 0.1151 / Low: 0.1136).

November Spread (Volatile) ±0.0062
September Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1212) against the same month in 2015 (average: 0.1171), the exchange rate shifted by +0.0040 (+3.44%).

2016 Avg (December) 0.1212
2015 Avg (December) 0.1171

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1186 0.1169 0.1176
February 0.1181 0.1129 0.1152
March 0.1176 0.1126 0.1151
April 0.1143 0.1119 0.1131
May 0.1153 0.1109 0.1132
June 0.1173 0.1123 0.1139
July 0.1173 0.1150 0.1164
August 0.1168 0.1135 0.1149
September 0.1151 0.1136 0.1144
October 0.1178 0.1141 0.1161
November 0.1213 0.1152 0.1186
December 0.1230 0.1193 0.1212